For more research & Technical Analysis from Cantor Index click here to register. UK Corporate Announcements Greene King details 18 week LFL sales gained 5.1% despite the poor summer weather, and states that the Olympics had minimal overall impact DS Smith states that trading since end April has been in line with its expectations and that its EPS growth…
For more research & Technical Analysis from Cantor Index click here to register. The technical situation on the FTSE has not changed greatly in the past couple of weeks, as the index remains within the near term trading range, red region, that we have been monitoring for a few weeks now. On the daily graph we have…
This trade is working out fantastically. We think we are in the embryonic stage a multi month bull trend in this pair and so tighten our stop marginally from 1.5230 to 1.5310 on the remaining 50% of our position. Daily chart – GBPAUD Take a look at our record on the About Us page. We…
It’s nearly two months now since Xcite Energy started their Extended Well Test on the North Sea Bentley field and pretty much a month since the last operational update. No sign of the expected RNS today once again. The shares have popped since the closing of the 3rd tranche of the private placing with Global…
Spreadbet Magazine has been a big proponent of Bowleven in recent months, advocating a Conviction Buy on the stock on the 6 June @ 59p and adding last week at 68.5p. We can see in the chart below that a “saucer bottom” has been in the making over the last few months following the swift…
Today marks the arrival of Eland Oil and Gas onto AIM, the largest float for 3 years on the small cap market. The company is raising £118m (£106.8m net) through a placing of shares at £1, giving it a market capitalisation of £134 million. It also has a $22 million banking facility and has made…
The 2 charts below caught my eye this weekend in unison with the publication of the the National Association of Active Investment Managers (NAAIM) sentiment survey which measures the overall equity exposure of active money managers who are either long or short the stock market. This week’s reading of 82.89 in the NAAIM survey is…
Tomorrow will see the return to work of many traders and fund managers who have no doubt been escaping the miserable British summer and volume should return to the markets. The year to date has been one of constant threats of implosion from Euro-land and relatively little action, save for the usual skirting around the…
For more research & Technical Analysis from Cantor Index click here to register. Monday, September 3, 2012 UK Reporting:- City Of London Investment Gr, CLIG, (R), Ecofin Water & Power Opp-Ord, ECWO, (SM), Kofax Plc, KFX, (R), Kofax Plc, KFX, e, (CC) S&P 500 Reporting:- None Detailed S&P 500 Ex Dividends (gross):- None Detailed Euro Stoxx 600 Reporting:- Helvetia Holding AG,…
